Tesco revival plan fails to fire up FTSE

Supermarket giant Tesco failed to win over investors with its £1bn plan to revive its UK arm today as the grocer followed world markets into the red.

Tesco revival plan fails to fire up FTSE
Wed, 18 Apr, 2012 - 18:29

Supermarket giant Tesco failed to win over investors with its £1bn plan to revive its UK arm today as the grocer followed world markets into the red.

The FTSE 100 Index closed 21.7 points lower at 5745.3 as some traders took profits following strong gains yesterday, while others sat on their hands ahead of a key Spanish debt auction tomorrow.

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